WASHINGTON, JULY 16, 2026 — South Africa’s efforts to modernize critical infrastructure and unlock job creation by tackling long-standing bottlenecks in electricity, freight transport, and water and sanitation services, got a boost with support from the World Bank Group. Reforms supported by the new financing are expected to help create the equivalent of...
RABAT, July 9, 2026 — The World Bank Group (WBG) and the Government of Morocco today announced a new Country Partnership Framework (CPF) to help accelerate Morocco's next phase of growth and job creation and support the Kingdom's ambitious development priorities and vision of a more inclusive, competitive, and resilient economy for all Moroccans.F...
WASHINGTON, July 9, 2026—The World Bank’s Board of Executive Directors today approved financing to accelerate India’s national program for solar rooftops to bring clean energy to millions of homes and create 1.7 million job opportunities across the renewable energy manufacturing, installation, and services value chain.India has committed to achieving ne...
WASHINGTON, July 09, 2026 – The World Bank's Board of Executive Directors today approved US$375.9 million in financing for Pakistan’s Grid Stability Enhancement Project, to strengthen its national power transmission network under the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) Multiphase Programmatic Approach (MPA). The Proje...
PrintWASHINGTON, July 6th, 2026 — The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, and create more and better jobs in Greater Antananarivo and Greater Toamasina.Madagascar’s rapidly growing cities face mo...
WASHINGTON, June 30, 2026 – The World Bank's Board of Executive Directors approved a US$700 million loan to assist Jordan in turning economic stability into stronger private investment and more and better jobs. The Jordan Growth and Competitiveness Development Policy Financing II will support the Government of Jordan’s efforts to unlock private inves...
Adobe StockWASHINGTON, June 18, 2026—The World Bank’s Board of Executive Directors today approved $1.5 billion in financing to support India’s structural reforms to boost private sector-led job creation and economic growth under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation.The DPF Operation can create job ...
WASHINGTON, June 16, 2026—The World Bank Group’s Board of Executive Directors today discussed a new Country Partnership Framework (CPF) for Poland for the period 2026-2031. The program will help Poland build a more innovative and competitive economy, mobilize private investment, create better jobs, and support the country’s next phase of growth.Over the...
WASHINGTON, D.C., June 15, 2026—The World Bank Group, through the International Finance Corporation (IFC), has closed its second securitization transaction under the Emerging Markets Securitization Program (EMSP), marking continued progress in mobilizing private capital to support private sector growth and build a scalable market for institutional investm...
WASHINGTON, June 11, 2026—The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group’s latest Global Economic Prospects report. Global growth is forecast to slow to 2....
